Count How Did The Glazer Family Get Rich?

The Glazer family’s wealth began with a humble start: real estate investing. Malcolm Glazer, the family patriarch, started his career by securing the watch repair concession at the Sampson Air Force Base. When the base closed in 1956, Glazer saw an opportunity. He shifted his focus to real estate, starting with single-family homes and duplexes in Rochester, New York. He eventually expanded his portfolio to include commercial buildings, and his real estate holdings grew across America.

This strategic move into real estate proved to be a wise one. Glazer had a keen eye for identifying undervalued properties with potential. His investment strategy involved buying properties at a discount, improving them, and then reselling them at a profit. This approach, coupled with his tenacity and business acumen, laid the foundation for the Glazer family’s financial success. As their real estate holdings grew, so did their wealth. They established a strong foothold in the real estate market, setting the stage for their future ventures in other industries.